Eurozone troubles might weigh on U.K. economy, BoE warns

The Monetary Policy Committee of the Bank of England revealed concern about economic growth in the U.K., according to minutes of its May meeting. The minutes also showed a "range of views" about the risk of increased inflation. "The minutes do suggest that some members are getting ready to get off the fence," said Ross Walker, a Royal Bank of Scotland economist. "Positions are increasingly polarized, and there is a growing acceptance that uncertainty about the outlook will be resolved in the coming months one way or the other."

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